International Gemological Institute (IGI) share price was locked in its 10% upper circuit at ₹353.20 apiece on Thursday, October 22, after the company reported strong earnings for the quarter ended September 2026 (Q2FY27). The gemological services provider posted robust growth in both profit and revenue, supported by healthy demand and strong operational execution.
The stock's sharp rally followed a period of mixed performance. IGI shares have gained 8% in one week and 1.5% over the past three months, but declined 2.5% in six months. The stock has added 5% over the past year.
At Thursday's upper-circuit price, the stock was around 9% below its 52-week high of ₹388, recorded in May 2026. Its 52-week low stands at ₹287.25, touched in January 2026.
International Gemological Institute reported a 43.14% year-on-year increase in consolidated profit after tax (PAT) to ₹185.8 crore in Q2FY27, compared with ₹129.8 crore in the corresponding quarter of the previous fiscal year, according to a regulatory filing.
Revenue from operations rose 31% to ₹398 crore during the quarter under review, against ₹303.7 crore in the year-ago period. The growth in revenue and profitability reflected healthy demand trends and strong operational execution during the September quarter.